(Bloomberg) -- U.S. corn planting has never been this late after storms battered the Great Plains and Midwest and kept farmers out of their fields.
As of Sunday, only 49% was in the ground, according to a U.S. Department of Agriculture report released Monday. That’s the slowest pace in records dating back to 1980. Last week, the most widely grown American crop was only the furthest behind in six years.
Some farmers are now facing deadlines to get their crop in the ground in order to still be covered by federally backed crop insurance policies. They can still plant corn, but after certain dates based on geography, their fields no longer qualify for policies that protect against drops in crop prices or weather events that cut harvests.
Soybean plantings also have been delayed by a deluge of rainy weather so far this year -- the last 12 months were the wettest on record in 48 U.S. states, according to NOAA’s National Centers for Environmental Information. As of Sunday, only 19% of the U.S. soy crop was planted, compared with 53% at the same time in 2018.
Highlights from the report:
Corn emerged from the ground 19% vs 10% last week, 47% a year agoSoybeans planted 19% vs 9% last week, and 53% a year agoSoybeans emerged 5% vs 24% a year agoSpring wheat planted 70% vs 45% last week, and 76% a year agoSpring wheat emerged 26% vs 10% last week, and 34% a year agoCotton planted 44% vs 26% last week, and 50% a year agoWinter wheat 66% g/e vs 64% last week, and 36% a year agoKansas 60% g/e vs 56% a week agoClick here to see the Bloomberg survey conducted prior to this reportClick here to see summary table
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